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    IIT Bombay Placements – 1650 Job Offers With 558 Students Placed With Salary Package Above Rs 20 LPA

    IIT Bombay

    As per the latest IIT Bombay placement report around 558 students got placed with slary package of 20 LPA and above. The institute is amongst the number one engineering college in our country, standing at the top of the pinnacle of every engineering college in our country. Not only nationally but also internationally, standing at the spot of 45th rank among global engineering colleges and universities. As a result, IIT Bombay Placement breaks all the past placement figures. IIT Bombay average package is 23.50 LPA, and IIT Bombay median package is 17.92 LPA. Additionally, at a staggering 83.3% placement rate for B.Tech students, it is the highest placement rate from all the departments. More importantly, 558 students received job offers of more than 20 LPA, and 22 students received job offers of more than 1 Crore, the salary every engineer aspires to get. Check out the full blog for every IIT Bombay 2024 Placement detail breakdown.

     

    Table of Contents

    IIT Bombay Placement Highlights (2024)

    As per the latest placement report of IIT Bombay there were a total of 1650 job offers made by the 364 participating companies. IIT Bombay placement percentage is 74.5% (2024 placement report). There were 78 international job offers in the year 2024. IIT Bombay average package is Rs 23.50 LPA. Check IIT Bombay placement data here-

    IIT Bombay Placements

    Particulars Details
    Total Number of Students2414
    Total Number of Actively ParticipatedStudents1979
    Total Number of Companies Offered Jobs364
    Total Number of Job Offers1650
    Total Number of Job Offers Accepted1475
    International Job Offers accepted78
    IIT Bombay Average SalaryINR 23.50 LPA
    IIT Bombay Median SalaryINR 17.92 LPA
    Jobs offering 1 Cr. annually accepted22
    Placement Rate (Every Engineering department, not branch)74.5%

    Note: Many students did not participate in the placement due to another commitments like building a startup, further academic pursuit, and going for off-campus placement options. Therefore, we must not assume that the institute fails to provide placement when the reality is far better than it. With the above commitments, they can score more high-paying jobs and sell their startups for millions of dollars without telling anyone.

     

    IIT Bombay Sector Wise Placement Report (2024)

    Many companies across various industries and economic sectors participated in the placement session, with key sectors including technology, software development, consulting, and management. Engineering and technology accounted for over 29% of total job offers, followed by IT at 20.81%, consulting at 7.93%, and miscellaneous roles at 11.1%. Additionally, around 78 international job offers were made.

    IIT Bombay Placement Statistics

    Job Offer SectorsNumber of Job Offers Accepted
    Engineering and Technology430
    IT/Software307
    Consulting117
    Finance113
    Research and Development97
    Education30
    Public Sector Undertaking6
    Product Management20
    Data Analytics78
    Design33
    Data Science48
    Software Development16
    AI/ML15
    Others165
    Total1475

     

    IIT Bombay Placement Breakdown (2024)

    Range of Gross Salary (in INR annually)Number of Job Offers Accepted
    Above 20 LPA558
    Between 16.75 to 20 LPA230
    Between 14 to 16.75 LPA227
    Between 12 to 14 LPA93
    Between 10 to 12 LPA161
    Between 8 to 10 LPA128
    Between 6 to 8 LPA68
    Between 4 to 6 LPA10
    Total1475

     

    FAQs

    What is the highest placement in IIT Bombay?

    IIT Bombay doesn’t disclose the highest figure, but 22 students received job offers above 1 Crore annually.

     

    Is it 100% placement in IIT Bombay?

    No, around 74.5% of students are placed from all departments, and 83.39% of students are placed from B.Tech only. However, it must be noted that many students do not take part in placement to score a more high-paying job.

     

    What is the lowest package at IIT Bombay?

    IIT Bombay doesn’t disclose the lowest figure, but 10 students accepted job offers paying around 4 to 6 LPA.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

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